Google committed to helping businesses and people in the Mena region learn digital skills and grow their businesses by the end of 2021. AP
Google committed to helping businesses and people in the Mena region learn digital skills and grow their businesses by the end of 2021. AP
Google committed to helping businesses and people in the Mena region learn digital skills and grow their businesses by the end of 2021. AP
Google committed to helping businesses and people in the Mena region learn digital skills and grow their businesses by the end of 2021. AP

Google launches $13m digital initiative to hasten Mena region's recovery


Alkesh Sharma
  • English
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Google unveiled an initiative to hasten the economic recovery of the Mena region through digital transformation.

The Grow Stronger with Google programme will offer tools, training and financial grants worth more than $13 million to empower local businesses and jobseekers.

The technology company will register 150,000 businesses in Saudi Arabia and the UAE on its Google My Business platform and equip them with digital marketing skills.

The company has collaborated with Saudi Post and the Dubai Chamber of Commerce and Industry to bring about this process.

“Online tools have been a lifeline for many during the pandemic," said Lino Cattaruzzi, managing director at Google in Mena region.

"Making the most of the online opportunity can help people, businesses and communities in the UAE and in the wider region bounce back stronger.”

He said the programme, the company's biggest so far in the region, will help people to learn new skills, find jobs and provide businesses with the tools to expand their e-commerce operations, especially companies in the retail and tourism sectors that were the hardest-hit by Covid-19.

The financial assistance includes loans, advertising grants and credits for various governments, social institutions and businesses affected by the pandemic.

This is in addition to the company’s ongoing contribution to local and regional businesses in the Mena region, Google said.

The technology company will also disburse grants worth $1.1m to institutions such as the Mercy Corps, the Arab Tourism Organisation and Youth Business International, which are mentoring entrepreneurs across the region.

The virus-induced slowdown has upended the global economy, leaving millions unemployed. One in five young Arabs said they or someone in their family had lost a job, according to the findings of this year's Arab Youth Survey.

More than seven in 10 said it was “much more difficult” or a “little more difficult” to find a job, compared with the time before Covid-19.

In the UAE, 41 per cent said finding a new job was more difficult now than before the pandemic.

In another survey from global staffing company Robert Half, seven in 10 UAE employees said they were reassessing their careers due to the pandemic.

The most sought-after jobs require candidates with applied digital skills.

As part of its region-wide programme, Google committed to equip about a million people and businesses in the Mena region with digital skills and help them to grow their businesses by the end of next year.

Lino Cattaruzzi, managing director at Google for Mena region. Courtesy Google
Lino Cattaruzzi, managing director at Google for Mena region. Courtesy Google

“We remain fundamentally optimistic about the future of this region, and confident that working together with local partners, we can boost recovery and build on the rapid acceleration of tech adoption we have seen during the crisis," Mr Cattaruzzi said.

Google will train 400,000 developers, with a focus on women, in areas such as machine learning and artificial intelligence. Out of these, about 140,000 will be in Saudi Arabia.

The company also launched an accelerator programme, through which its experts will mentor and provide digital marketing training to regional start-ups.

“The first cohort of 15 start-ups will be selected in November and will last for three months,” said Mr Cattaruzzi.

The company also unveiled its Market Finder tool in the region to help local businesses expand into new markets and acquire customers around the world.

In the beginning, it will be available in the UAE, Saudi Arabia and Egypt.

Mena retailers can also list their products free of charge on the Google Shopping tab to help them connect with more customers, regardless of whether they advertise with Google or not.

The technology company has teamed up with Kiva, a California-based online lending platform, to offer $3m in loans to financially support thousands of underserved small businesses in the region, it said.

“As we work towards our new target of helping over 50,000 local companies grow … we are raising the bar even higher … and leveraging our strategic partnership with Google to support businesses with digital marketing and training,” said Hamad Buamim, president and chief executive of Dubai Chamber.

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder

Power: 220 and 280 horsepower

Torque: 350 and 360Nm

Transmission: eight-speed automatic

Price: from Dh136,521 VAT and Dh166,464 VAT 

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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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Name: Tharb

Started: December 2016

Founder: Eisa Alsubousi

Based: Abu Dhabi

Sector: Luxury leather goods

Initial investment: Dh150,000 from personal savings

 

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Other acts on the Jazz Garden bill

Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
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Favourite book: Homegoing by Yaa Gyasi

Favourite holiday destination: Spain

Favourite film: Bohemian Rhapsody

Favourite place to visit in the UAE: The beach or Satwa

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What is the definition of an SME?

SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.

A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors.